Legislative AccountabilityObservatory
Home / Probes / LAO-0226

US$4 billion owed to the NDDC by oil companies

Status
No final report
Assembly
House of Representatives
Opened
27 July 2023
Assembly term
10th National Assembly (2023–2027)
Committee
Not stated in the record
Sum at issue
US$4 billion
Subject
Spending and misuse of funds
Without a report for
1,203 days

On a motion by Donald Kimikanboh Ojogo (Ondo), the House of Representatives resolved to investigate the failure of international oil companies to pay their statutory contributions under the NDDC Act, which had left them owing the commission about US$4 billion, and complained that the EFCC was holding funds it had recovered from the companies instead of paying them to the NDDC.

NDDC

What the record shows

  • 27 July 2023
    Probe opened.
  • As of 11 November 2026
    No final report of this probe has been found on the public record.

Opened more than 120 days ago, and no final report of the committee has been found on the public record. Interim reports and hearings are shown where known. Know of a report, hearing or outcome missing here? Send a correction.